Multi-Family Loans (2-4 Units)

Buy a 2-4 unit property in Florida and live in one unit while renting the others. FHA, VA, and conventional all allow owner-occupied multi-family.

Key Features

• FHA: 3.5% down on 2-4 units (must owner-occupy)
• VA: $0 down on 2-4 units (must owner-occupy)
• Conventional: 15-25% down (owner-occupied or investment)
• Rental income from other units counts toward qualification
• Self-sufficiency test for FHA 3-4 unit properties
• Must live in one unit for at least 12 months (owner-occupied programs)

Who Is This For?

• First-time buyers who want rental income to offset their mortgage (house hacking)
• Veterans who want to build wealth with $0 down on a multi-unit
• Investors starting with owner-occupied then converting to full rental

Florida-Specific Considerations

• Florida duplexes, triplexes, and fourplexes available in most metros
• Orlando, Tampa, Jacksonville have strong multi-family inventory
• Rental income from other units can make your housing cost nearly $0
• Florida’s strong rental market supports multi-family investment